Associated tags: Mining, Gold, MKO, NI, HQ, Silver, Security (finance), Printed circuit board, Road, AAS, Economics, QC, Bureau Veritas, ETW, Fire
Locations: NICARAGUA
Retrieved on:
Tuesday, January 24, 2023
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Crucita Calabaza The Las Conchitas area is located immediately south of the San Albino Mine which is currently in commercial production.
Key Points:
- The Las Conchitas area is located immediately south of the San Albino Mine which is currently in commercial production.
- Las Conchitas comprises an area of approximately 3.75 km2 and is subdivided into three primary areas: Las Conchitas North ("LC-N"), Las Conchitas Central ("LC-C") and Las Conchitas South ("LC-S").
- Highlights of the recent drilling at Las Conchitas:
12.73 g/t Au and 24.7 g/t Ag over 6.00m (4.2m ETW); including:
* Interval represents down hole length.
- At LC-C, drill hole LC22-825 intersected a 2.00m (1.9m ETW) interval of 33.91 g/t Au and 30.0 g/t Ag.
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Economics KELOWNA, BC, Jan. 23, 2023 /PRNewswire/ - Mako Mining Corp. (TSXV: MKO) (OTCQX: MAKOF) ("Mako" or the "Company") announces that its Board of Directors (the "Board") has appointed Mr. Brian Szeto as an independent director of the Company, effective today.
Key Points:
- KELOWNA, BC, Jan. 23, 2023 /PRNewswire/ - Mako Mining Corp. (TSXV: MKO) (OTCQX: MAKOF) ("Mako" or the "Company") announces that its Board of Directors (the "Board") has appointed Mr. Brian Szeto as an independent director of the Company, effective today.
- Mr. Szeto has over 20 year's experience in mining-focused finance and capital markets, holding executive and board positions, as well as being recognized as a top ranked mining analyst, following his start in the financial advisory services industry with Deloitte & Touché.
- Mr. Szeto is currently Vice President, Corporate Credit, Mining at DBRS Morningstar, a global financial services firm, and a director of Ranchero Gold Corp. From 2018 to 2021, he was Vice President, Corporate Development with a publicly listed gold producer and from 2007 to 2018 he was a top ranked mining analyst with National Bank Financial Markets, PI Financial Corp., and other independent brokerages.
- Akiba Leisman, CEO of Mako states "I have known Brian for over a decade, first meeting him when he was the only equity analyst covering the predecessor of Mako.
Retrieved on:
Wednesday, January 18, 2023
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Security (finance) Financial results for Q4 2022, including detailed reporting of our operating costs, are expected to be released in April.
Key Points:
- Financial results for Q4 2022, including detailed reporting of our operating costs, are expected to be released in April.
- 57% and 43% from diluted vein and historical dump and other, respectively
Recoveries of 82.8% and 69.9% for gold and silver, respectively, in Q4 2022
Akiba Leisman, Chief Executive Officer of Mako states that, "Q4 2022 was a strong quarter with record gold sales and record silver recovered.
- Operating cash flow was robust at an average realized price of $1726 per ounce, where we will report AISC substantially below that of Q3 2022.
- The recovery for the quarter was 82.8% for gold and 69.9% for silver for the quarter.
Retrieved on:
Thursday, January 5, 2023
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Basilica of San Albino Recent drilling has focused on near surface, high grade gold mineralization in the SW Pit area within and proximal to the currently permitted pit limits.
Key Points:
- Recent drilling has focused on near surface, high grade gold mineralization in the SW Pit area within and proximal to the currently permitted pit limits.
- In 2022, a total of 16,472m in 126 drill holes have been completed in the SW Pit area.
- Highlights of selected intercepts of the high-grade gold mineralization include:
Akiba Leisman, CEO of Mako states: "the SW Pit is shaping up to be a shallow, high-grade zone within 50-100 m of the mining operations at San Albino.
- Eight diamond drill holes were completed, three drill holes intersected mineralized intervals above an internal cutoff grade (1.0 g/t Au).